Senior Associate, Asset Management

Hackman Capital Partners, LLC (Hackman) is a privately held, real-estate investment and operating company, based in Los Angeles, California, that focuses on commercial industrial and studio properties in major U.S. and European markets. Founded in 1986, the firm has $10 billion in overall assets under management, with investments across 37 states—having owned, through our affiliated entities, over 330 properties totaling 37-plus million square feet. Recognizing the growing demand in urban markets, we were one of the early pioneers of converting industrial properties into creative office and media space in Southern California.

Today we are the world’s preeminent film and television studio platform—acquiring, operating, servicing, and developing independent studio properties in the industry’s top production markets. Our unrivaled portfolio of studio assets includes more than 131 active sound stages at 17 studio facilities- and another 80 stages planned or in development - across North America, the UK, Ireland, and Scotland.

Some of Hackman’s most notable Southern California projects include Radford Studio Center which includes 1.1 million square feet of studio space and broadcast facility, Television City Studios, a 780,000 square-foot television and broadcast facility with an opportunity to develop 1.2 million square feet; The Culver Studios, a 14.3-acre film and television studio campus and home of Amazon Studios The Culver Steps, a 1.16-acre, mixed-use development, directly adjacent to The Culver Studios and also home to Amazon Studios; Manhattan Beach Studios, a 587,000 square-foot studio on 21.8 acres; a 75,000-square-foot creative office conversion at 5500 West Jefferson Boulevard in Los Angeles; a 550,000-square-foot creative campus conversion in El Segundo; the Beats/Apple Southern California headquarters; and Westwood One Studios. Hackman Capital Partners is currently constructing approximately 1 million square feet of creative office and media-related campus space in Southern California.

Hackman Capital Partners is headquartered in Los Angeles, California and has an additional office in Columbus, Ohio. For more information, visit www.hackmancapital.com.

Hackman Capital Partners is seeking a Senior Associate of Asset Management to work on the Hackman Studio Fund. The candidate will be involved in all aspects of asset management, from leasing to property management, development, entitlement and construction and will work closely with internal and external stakeholders to help optimize the assets and maximize long-term value of our studio real estate.

The ideal candidate will have a relentless worth ethic, possess strong technical skills and quantitative reasoning, demonstrate a willingness to self-start and problem solve, and bring a deep passion for asset management, real estate and operations oversight to the role. The candidate will have demonstrated increasing responsibility overseeing assets and optimizing their value. This highly visible position has tremendous long-term growth potential within HCP.

Requirements

Portfolio Support:

• Assist in the implementation of strategic asset management plans for multiple studio properties.
• Support property performance evaluation, lease negotiations, tenant interactions, and financial analysis.
• Contribute to identifying opportunities for enhancing property value through initiatives, capital investments, and optimization efforts.

Lease and Tenant Engagement:

• Collaborate on lease negotiations, renewals, and new tenant onboarding.
• Support the execution of tenant attraction and retention strategies, including in partnership with the brokerage teams.
• Assist in addressing tenant inquiries and maintaining positive tenant relationships.
• Maintain and review lease activity tracking materials.

Financial Analysis and Reporting:

• Assist in developing, maintaining, and analyzing financial models, budgets, and performance reports to inform decision-making and stakeholder communication.
• Manage the internal Studio Asset Management meeting agenda and proactively work with teams to advance agenda items.
• Contribute to interpreting property-level financial data, identifying trends, and providing recommendations.
• Participate in evaluating potential acquisitions, dispositions, and development opportunities.

Property Development and Entitlement:

• Support property development and entitlement initiatives, collaborating with cross-functional teams including architects, contractors, and legal professionals.
• Contribute to ensuring projects align with strategic objectives and timelines.

Team Collaboration:

• Work closely with asset management team members, learning from experienced professionals and contributing to team efforts.
• Lead various projects supporting the advancement of Studio real estate.
• Collaborate on market research, data analysis, and other asset management tasks as needed.

Market Awareness:

• Stay updated on industry trends, market dynamics, and regulatory changes influencing the real estate and office/studio sectors.
• Assist in leveraging insights to inform strategic decision-making and enhance asset management strategies.

QUALIFICATIONS

• 3+ years of asset management experience with a commercial real estate investment/development firm, major investment bank, consulting firm, hedge fund, private equity firm, asset manager, or similarly focused organizations
• Demonstrated experience in overseeing real estate, studios and/or related assets with an emphasis on revenue optimization, cost management, project oversight, and staying on or below budgets and within timeframe
• Expertise in Excel, ARGUS, Word, PowerPoint and MRI or similar software. Per the responsibilities of this role, applicants must be able to apply complex formulas to develop and modify financial models and cash flow projections for operating assets and development projects, with complex waterfall distributions.
• Familiarity with leases, purchase and sales agreements, property management agreements, broker listing agreements, partnership agreements, loan documents, construction contracts, consulting agreements, vendor agreements, and intercreditor agreements.
• Outstanding analytical, quantitative, and problem-solving ability.
• Strong work ethic: high level of initiative, willingness to self-start, and ask questions; commitment to accurate, high-quality work product; excellent oral and written communication, and interpersonal skills; and a passion for real estate.
• Enthusiasm for learning and growing within a dynamic real estate environment.
• Degree from a four-year accredited university is required; an MBA is preferred.

Salary: $135-150K

Benefits

• Complimentary on-site valet Parking
• Lunch ordered on-site 3x week
• Well stocked pantry with "healthy" snacks
• Regular social events/team building
• 100% employer paid benefits for employee
• Generous coverage for dependents
• Generous 401k
• Dog Friendly workplace
• Generous Holidays Off